Public Goods Redistribution And Rent Seeking

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Public Goods, Redistribution and Rent Seeking

Author : Gordon Tullock
Publisher : Edward Elgar Publishing
Page : 162 pages
File Size : 42,7 Mb
Release : 2008-01-01
Category : Business & Economics
ISBN : 9781845424688

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Public Goods, Redistribution and Rent Seeking by Gordon Tullock Pdf

The book features Professor Tullock s normal array of insights and gems of wisdom throughout. The thesis of the book, to view government through the prism of externalities, is intriguing and makes the book well worth reading. Daniel Sutter, Public Choice The book can be commended for introducing a broad range of thought-provoking ideas in an accessible form. It is an easy read, but does not achieve (nor does it aspire to) the usual standards of academic rigour. It is in places retrospective and in others polemical. But all of it is entertaining. Gareth Myles, Economica The book offers a nice introduction into public choice but still has enough in it to keep more advanced scholars interested. Well worth reading for anyone with even a modicum of interest in economics and/or politics in the most non-partisan sense. Phong Ngo, Economic Record Tullock provides a readable account of public choice economics and the problems with collective decision making. . . Highly recommended. M. Steckbeck, Choice Gordon Tullock, eminent political economist and one of the founders of public choice, offers this new and fascinating look at how governments and externalities are linked. Economists frequently justify government as dealing with externalities, defined as benefits or costs that are generated as the result of an economic activity, but that do not accrue directly to those involved in the activity. In this original work, Gordon Tullock posits that government can also create externalities. In doing so, he looks at governmental activity that internalizes such externalities. Monarchical governments originally introduced, for the benefit of the monarch rather than to eliminate externalities, many standard government activities such as road building, war, and internal policing. Most modern governments spend more money on redistribution than on more traditional government activities. This can be thought of as another effort to reduce externalities, since suffering in the community imposes externalities on the rest of us. Rent seeking, a relatively new field in economics and political science, is closely related to externalities and to the structure of government. An analysis of rent seeking, as well as some suggestions for improving government structure, cap off this fascinating treatise. Economists and political scientists will find this lively and readable book both stimulating and provocative.

The Theory of Externalities and Public Goods

Author : Wolfgang Buchholz,Dirk Rübbelke
Publisher : Springer
Page : 326 pages
File Size : 55,6 Mb
Release : 2017-03-20
Category : Business & Economics
ISBN : 9783319494425

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The Theory of Externalities and Public Goods by Wolfgang Buchholz,Dirk Rübbelke Pdf

This state-of-the art collection of papers analyses various aspects of the theory of externalities and public goods. The contributions employ new analytical techniques like the aggregative game approach, and discuss the philosophical underpinnings of the theory. Furthermore, they highlight a range of topical empirical applications including climate policy and counterterrorism. This contributed volume was written in memory of Richard C. Cornes, a pioneer in the theory of externalities and public goods.

Public Goods and Private Communities

Author : Fred E. Foldvary
Publisher : Edward Elgar Publishing
Page : 296 pages
File Size : 45,8 Mb
Release : 1994
Category : Business & Economics
ISBN : STANFORD:36105009662268

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Public Goods and Private Communities by Fred E. Foldvary Pdf

Louis, are in fact financing their own public goods and services in accordance with this theory. For such communities to rise and prosper, the author contends, government must eliminate zoning and many other restrictions, as well as the taxation of private services.

Public Finance and Public Policy

Author : Arye L. Hillman
Publisher : Cambridge University Press
Page : 861 pages
File Size : 43,5 Mb
Release : 2009-04-06
Category : Business & Economics
ISBN : 9781139475372

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Public Finance and Public Policy by Arye L. Hillman Pdf

The second edition of Public Finance and Public Policy retains the first edition's themes of investigation of responsibilities and limitations of government. The present edition has been rewritten and restructured. Public choice and political economy concepts and political and bureaucratic principal-agent problems are introduced at the beginning for application to later topics. Fairness, envy, hyperbolic discounting, and other concepts of behavioral economics are integrated throughout. The consequences of asymmetric information and the tradeoff between efficiency and ex-post equality are recurring themes. Key themes investigated are markets and governments, institutions and governance, public goods, public finance for public goods, market corrections (externalities and paternalist public policies), voting, social justice, entitlements and equality of opportunity, choice of taxation, and the need for government. The purpose of the book is to provide an accessible introduction to the use of public finance and public policy to improve on market outcomes.

Public Goods for Economic Development

Author : Olga Memedović
Publisher : UN
Page : 198 pages
File Size : 42,9 Mb
Release : 2008
Category : Business & Economics
ISBN : COLUMBIA:CU90392752

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Public Goods for Economic Development by Olga Memedović Pdf

This publication addresses factors that promote or inhibit successful provision of the four key international public goods: financial stability, international trade regime, international diffusion of technological knowledge and global environment. Without these goods, developing countries are unable to compete, prosper or attract capital from abroad. The need for public goods provision is also recognized by the Millennium Development Goals, internationally agreed goals and targets for knowledge, health, governance and environmental public goods. The Report addresses the nature of required policies and institutions using the modern principles of collective action.

Rents, Rent-Seeking and Economic Development

Author : Mushtaq Husain Khan,Jomo Kwame Sundaram
Publisher : Cambridge University Press
Page : 358 pages
File Size : 40,7 Mb
Release : 2000-09-07
Category : Business & Economics
ISBN : 0521788668

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Rents, Rent-Seeking and Economic Development by Mushtaq Husain Khan,Jomo Kwame Sundaram Pdf

The concepts of rents and rent-seeking are central to any discussion of the processes of economic development. Yet conventional models of rent-seeking are unable to explain how it can drive decades of rapid growth in some countries, and at other times be associated with spectacular economic crises. This book argues that the rent-seeking framework has to be radically extended by incorporating insights developed by political scientists, institutional economists and political economists if it is to explain the anomalous role played by rent-seeking in Asian countries. It includes detailed analysis of Thailand, Malaysia, the Philippines, the Indian sub-continent, Indonesia and South Korea. This new critical and multidisciplinary approach has important policy implications for the debates over institutional reform in developing countries. It brings together leading international scholars in economics and political science, and will be of great interest to readers in the social sciences and Asian studies in general.

The Political Economy of Rent-Seeking

Author : Charles Rowley,Robert D. Tollison,G. Tullock
Publisher : Springer Science & Business Media
Page : 480 pages
File Size : 53,8 Mb
Release : 2013-04-17
Category : Business & Economics
ISBN : 9781475719635

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The Political Economy of Rent-Seeking by Charles Rowley,Robert D. Tollison,G. Tullock Pdf

It is now twenty years since the concept of rent-seeking was first devised by Gordon Tullock, though he was not responsible for coining the phrase itself. His initial insight has burgeoned over two decades into a major research program which has had an impact not only on public choice, but also on the related disciplines of economics, political science, and law and economics. The reach of the insight has proved to be universal, with relevance not just for the democracies, but also, and arguably more important, for all forms of autocracy, irrespective of ideological com plexion. It is not surprising, therefore, that this volume is the third edited publication dedicated specifically to scholarship into rent-seeking behavior. The theory of rent-seeking bridges normative and positive analyses of state action. In its normative dimension, rent-seeking scholarship has expanded, enlivened, in some respects turned on its head, the traditional welfare analyses of such features of modern economics as monopoly, externalities, public goods, and trade protection devices. In its positive dimension, rent-seeking contributions have provided an important analy tical perspective from which to understand and to predict the behavior of politicians, interest groups and bureaucrats, the media and the academy within the political market place. This bridge between normative and positive elements of analysis is invaluable in facilitating an understanding of and evaluating the costs of state activity within a consistent paradigm.

The Political Economy of Rent-Seeking

Author : Charles Rowley,Robert D. Tollison,Gordon Tullock
Publisher : Springer Science & Business Media
Page : 520 pages
File Size : 42,7 Mb
Release : 1988-01-31
Category : Business & Economics
ISBN : 0898382416

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The Political Economy of Rent-Seeking by Charles Rowley,Robert D. Tollison,Gordon Tullock Pdf

It is now twenty years since the concept of rent-seeking was first devised by Gordon Tullock, though he was not responsible for coining the phrase itself. His initial insight has burgeoned over two decades into a major research program which has had an impact not only on public choice, but also on the related disciplines of economics, political science, and law and economics. The reach of the insight has proved to be universal, with relevance not just for the democracies, but also, and arguably more important, for all forms of autocracy, irrespective of ideological com plexion. It is not surprising, therefore, that this volume is the third edited publication dedicated specifically to scholarship into rent-seeking behavior. The theory of rent-seeking bridges normative and positive analyses of state action. In its normative dimension, rent-seeking scholarship has expanded, enlivened, in some respects turned on its head, the traditional welfare analyses of such features of modern economics as monopoly, externalities, public goods, and trade protection devices. In its positive dimension, rent-seeking contributions have provided an important analy tical perspective from which to understand and to predict the behavior of politicians, interest groups and bureaucrats, the media and the academy within the political market place. This bridge between normative and positive elements of analysis is invaluable in facilitating an understanding of and evaluating the costs of state activity within a consistent paradigm.

The Invisible Hand of Power

Author : Anton N Oleinik
Publisher : Routledge
Page : 235 pages
File Size : 44,9 Mb
Release : 2015-10-06
Category : Business & Economics
ISBN : 9781317317289

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The Invisible Hand of Power by Anton N Oleinik Pdf

This is an innovative study of the techniques of domination, based on financial markets, judicial systems, academia and international relations, across North America and post-Soviet Russia. Ultimately, Oleinik seeks to provide an alternative to mainstream economic analyses of power.

Public Goods and Public Allocation Policy

Author : Rüdiger Pethig
Publisher : Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
Page : 256 pages
File Size : 44,9 Mb
Release : 1985
Category : Business & Economics
ISBN : IND:39000001209100

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Public Goods and Public Allocation Policy by Rüdiger Pethig Pdf

Public goods with price exclusion / Michael E. Burns and Cliff Walsh -- Free rider and bad wagons / Bengt-Arne Wickström -- Competitive lobbying for group-specific public goods / Rüdiger Pethig -- The MDP-procedure in a regional economy / Oskar von dem Hagen -- Distributive and allocative effects of individual voting behaviour / Horst Hanusch and Peter Biene -- Majority decisions on regional environmental quality and interregional pollution / Ferdi Dudenhöffer -- Environmental policy with pollution interaction / Alfred Endres -- Alternative allocation procedures for public goods / Wolfgang Blümel.

Toward a Political Economy of the Commons

Author : Cai, Meina,Murtazashvili, Ilia,Brick Murtazashvili, Jennifer,Salahodjaev, Raufhon
Publisher : Edward Elgar Publishing
Page : 192 pages
File Size : 55,7 Mb
Release : 2022-01-14
Category : Business & Economics
ISBN : 9781800374324

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Toward a Political Economy of the Commons by Cai, Meina,Murtazashvili, Ilia,Brick Murtazashvili, Jennifer,Salahodjaev, Raufhon Pdf

Since Garrett Hardin published The Tragedy of the Commons in 1968, critics have argued that population growth and capitalism contribute to overuse of natural resources and degradation of the global environment. They propose coercive, state-centric solutions. This book offers an alternative view. Employing insights from new institutional economics, the authors argue that property rights, competitive markets, polycentric political institutions, and social institutions such as trust, patience and individualism enable society to conserve natural resources and mitigate harms to the global environment.

Political and Civic Leadership

Author : Richard A. Couto
Publisher : SAGE Publications
Page : 1185 pages
File Size : 46,8 Mb
Release : 2010-09-14
Category : Political Science
ISBN : 9781452266343

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Political and Civic Leadership by Richard A. Couto Pdf

This work within The SAGE Reference Series on Leadership provides undergraduate students with an authoritative reference resource on political and civic leadership. This 2-volume set focuses on the 100 most important topics, issues, question, and debates specific to politics and civic society. Entries provide students with more detailed information and depth of discussion than typically found in an encyclopedia entry while avoiding much of the jargon, detail and density one might find in a journal article or a research handbook chapter. Key Features Includes entries written by a global panel of renowned experts Offers broad coverage of important, of-the-moment topics related to political and civic leadership, including explorations of the personalities and environments of political leaders, leadership roles in governance and allegiance, citizen activists and civic engagement, political campaigning, urban politics and leadership, public management, ethics in politics, policy development and implementation, executive management of public opinion, political speechmaking and the "bully pulpit," congressional leadership, crisis management, and more Considers the history of political and civic leadership, with examples from the lives of pivotal figures, as well as the institutional settings and processes that lead to both opportunities and constraints unique to the political realm Provides students with more depth than usual encyclopedic entries while avoiding the jargon, detail, and density of more advanced works Features an approachable and clear writing style with appeal to undergraduate researchers and offers a list of further readings after each entry, as well as a detailed index and an online version of the work to maximize accessibility for today′s students

The Oxford Handbook of Public Choice

Author : Roger D. Congleton,Bernard N. Grofman,Stefan Voigt
Publisher : Oxford Handbooks
Page : 985 pages
File Size : 52,7 Mb
Release : 2019-01-08
Category : Business & Economics
ISBN : 9780190469733

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The Oxford Handbook of Public Choice by Roger D. Congleton,Bernard N. Grofman,Stefan Voigt Pdf

"This two-volume collection provides a comprehensive overview of the past seventy years of public choice research, written by experts in the fields surveyed. The individual chapters are more than simple surveys, but provide readers with both a sense of the progress made and puzzles that remain. Most are written with upper level undergraduate and graduate students in economics and political science in mind, but many are completely accessible to non-expert readers who are interested in Public Choice research. The two-volume set will be of broad interest to social scientists, policy analysts, and historians"--

The Oxford Handbook of Public Choice

Author : Roger D. Congleton,Bernard N. Grofman,Stefan Voigt
Publisher : Oxford University Press
Page : 800 pages
File Size : 49,9 Mb
Release : 2018-12-07
Category : Business & Economics
ISBN : 9780190469740

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The Oxford Handbook of Public Choice by Roger D. Congleton,Bernard N. Grofman,Stefan Voigt Pdf

The Oxford Handbook of Public Choice provides a comprehensive overview of the research in economics, political science, law, and sociology that has generated considerable insight into the politics of democratic and authoritarian systems as well as the influence of different institutional frameworks on incentives and outcomes. The result is an improved understanding of public policy, public finance, industrial organization, and macroeconomics as the combination of political and economic analysis shed light on how various interests compete both within a given rules of the games and, at times, to change the rules. These volumes include analytical surveys, syntheses, and general overviews of the many subfields of public choice focusing on interesting, important, and at times contentious issues. Throughout the focus is on enhancing understanding how political and economic systems act and interact, and how they might be improved. Both volumes combine methodological analysis with substantive overviews of key topics. This first volume covers voting and elections; interest group competition and rent seeking, including corruption and various normative approaches to evaluating policies and politics. Throughout both volumes important analytical concepts and tools are discussed, including their application to substantive topics. Readers will gain increased understanding of rational choice and its implications for collective action; various explanations of voting, including economic and expressive; the role of taxation and finance in government dynamics; how trust and persuasion influence political outcomes; and how revolution, coups, and authoritarianism can be explained by the same set of analytical tools as enhance understanding of the various forms of democracy.